[TenTec] RKR Designs LLC purchases Alpha/Ten-Tec from RF Concepts

[wes at attawayforensics.com]

Jim is exactly right about the various ways transactions can be 
structured.

The relevance of this transaction to TenTec and Alpha users is probably 
the fact that there are some dedicated, and seasoned, owner-operators 
who apparently know what they are doing. This is probably a very good 
thing for TenTec and Alpha users.  Time will tell, of course.



On 2015-04-03 11:14, Jim Allen wrote:
> There is nothing sinister per se in that.  Many private transactions 
> are
> structured that way for very good and important reasons.  Maybe there 
> are
> contingent liabilities, potential lawsuits, employee relations, etc 
> that
> the new owners wish to be free from.  Maybe the structure of the seller 
> was
> such that there were critical tax implications that made selling the
> company stock disadvantageous.
> 
> I've done transactions both ways, transferring stock and transferring
> assets.  Neither is preferable in the abstract.  That devil is always 
> found
> in the details.
> 
> Since it was a privately owned company that sold to another privately 
> owned
> company we will never know what the motivations and driving factors 
> were in
> the transaction they presumably negotiated to mutual satisfaction.
> 
> 73 de W6OGC  Jim Allen
> 
> On Fri, Apr 3, 2015 at 11:47 AM, Jose F Ballester 
> <jfballester at gmail.com>
> wrote:
> 
>> Important detail,  RKR designs purchased the assets and trademarks, 
>> NOT
>> the companies.   Not good news at all.
>> 
>> 73 de Pepe, WP3HW
>> 
>> 
>> 
>> On Apr 3, 2015, at 10:29 AM, Ron Notarius W3WN <wn3vaw at verizon.net> 
>> wrote:
>> 
>> I don't know all the names, but the gist of it seems to be that the 
>> (or
>> one of the) subcontractors has decided to purchase the company.
>> 
>> What I don't know is if the subcontractor was also owned (in whole or 
>> in
>> part) by one or more of the owners of RFC.
>> 
>> One does have to wonder what's going on.  Is this merely a bookeeping
>> matter, or is there more to the story?  (And how much, if any, of that 
>> is
>> any of our business... outside of wanting to make sure that Ten Tec
>> continues to thrive)
>> 
>> Interesting, to say the least.
>> 
>> 73, ron w3wn
>> 
>> 
>> On 04/03/15, Rick - DJ0IP / NJ0IP wrote:
>> 
>> Press Release: http://tentec.com/
>> 
>> 
>> 
>> It looks to me like it is the same group of people but now under a
>> different
>> business entity.
>> 
>> Interesting.
>> 
>> 
>> 
>> 73 - Rick, DJ0IP
>> 
>> (Nr. Frankfurt am Main)
>> 
>> 
>> 
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